Tired of bad tenants? Tenant Screening Reinvented

Let’s face it. As a landlord the biggest hurdle all of us face istenant screening, and finding a good tenant. Get it right and life is great. Get it wrong and things go south quickly. I bought my first rental in 1985, and have been screening tenants ever since. Initially I got burned. Probably 50%…

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Cash vs. Cashflow

It happens more often than any of us would like to admit, where we need to lease up a property but it cannot command the price we want, need, or expect.  In this instance many owners will hold on to the “bottom line” – the lowest number in their mind they are willing to accept,…

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How I Became a Multi-millionaire

I bought my first house in Boise, ID in 1985. It had a mother-in-law unit in the back. I thought “How great is this? My tenant can pay my mortgage (or at lease a big part of it). What could go wrong?” I was young, naive, and trusting. After a rew trash outs and middle-of-the-night…

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Web Accessibility Policy

At Full Service Property Management, we seek to understand and respect the unique needs and perspectives of the Company’s customer community. We value every tenant and owner, and are committed to being a leader in expanding access to all, including customers with disabilities. It is thus the Company’s commitment to ensure that our website, mobile…

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How to Shop for a Property Manager — a PMs Perspective

I’ve been managing my own real estate portfolio for over 35 years. Over that time I have hired 8-9 property managers. So when we started Full Service Property Management in 2011 (out of a failed property management experience), it came as no surprise that our business model would feature the strengths I had enjoyed and…

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‘No Vacancy’ due to Coronavirus

Full Service Property Management hung out a ‘No Vacancy’ sign last week when its portfolio vacancy dipped to a record low of 0%. That’s right — hundreds of properties under management and the only available units are from clients we just signed up. “Typical market vacancy is between 5-10% in a strong market.”, said founder…

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Choose to Prosper in a time of crisis.

Crises create opportunity. The choice is crucial — choose to prosper in crisis, or choose to perish. We’ll explain how to prosper. Let go of the fear. The natural reaction for 99% of people when a crisis hits is fear. Recognize it for what it is. Fear can be good…as long as you don’t let…

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Top 10 Things You Need to Know About the Governor’s New Proclamation

Many thanks to Jim Henderson at Landlord Solutions for this quick list. What do you need to know about the Governor’s new proclamation? 1. This applies to residential, commercial and mobile homes.2. Remove any late fees or other charges for non-payment of rent after February 29, 2020.3. Return holding fees to those applicants who are…

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3 steps to solve COVID-19

There is no doubt the US was slow to realize the impact of this little virus. But the window of opportunity is still open. If drastic measures are not taken very, very soon then we are likely to see this pandemic extend for months to come. There are 3 fundamental steps that need to be…

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AI Added to Tenant Screening

Beginning today, Full Service Property Management (FSPM) has added Artificial Intenlligence (AI) to our tenant screening process. Now when we pull credit/criminal report the scoring algorithm will assess the prospect’s willingness and ability to pay. There is no additional cost to the tenant or the owner for this service. As always, FSPM relies most heavily…

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